Those who could, did, and now deals that once looked attractive look overpriced.Finally, I think it’s important to look at the market not as one large clump but as a highly fractured and increasingly diverse asset class.From the demand side, an A type multifam will be negatively affected by a recessionary period.

After doing some research, it looks like job growth, industry diversity, and population growth are all strong in the area.

Major exports include containers, coal, laminate, flooring, iron, steel, frozen poultry, chemicals, soybeans, and various lumber products.Overall, the City of Montgomery is highly focused on attracting large companies to its' vastly diverse and well trained workforce.And, Alabama has the second lowest property taxes behind Hawaii.